FlexShares Disciplined Duration MBS Index Fund (NYSEARCA:MBSD – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 406 shares, a decrease of 86.3% from the December 15th total of 2,953 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,383 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 7,383 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
FlexShares Disciplined Duration MBS Index Fund Price Performance
MBSD traded down $0.01 on Monday, hitting $20.85. 9,399 shares of the company were exchanged, compared to its average volume of 11,900. The firm has a fifty day simple moving average of $20.83 and a two-hundred day simple moving average of $20.77. FlexShares Disciplined Duration MBS Index Fund has a 12 month low of $19.99 and a 12 month high of $21.10.
Institutional Investors Weigh In On FlexShares Disciplined Duration MBS Index Fund
A number of institutional investors have recently modified their holdings of MBSD. Atria Investments Inc lifted its stake in FlexShares Disciplined Duration MBS Index Fund by 11.7% during the 2nd quarter. Atria Investments Inc now owns 29,810 shares of the company’s stock valued at $617,000 after acquiring an additional 3,126 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of FlexShares Disciplined Duration MBS Index Fund by 15.4% during the third quarter. Jones Financial Companies Lllp now owns 33,012 shares of the company’s stock valued at $689,000 after purchasing an additional 4,412 shares during the last quarter. Simplicity Wealth LLC lifted its position in FlexShares Disciplined Duration MBS Index Fund by 103.0% during the second quarter. Simplicity Wealth LLC now owns 36,008 shares of the company’s stock valued at $745,000 after purchasing an additional 18,274 shares during the period. Raymond James Financial Inc. boosted its holdings in FlexShares Disciplined Duration MBS Index Fund by 22.4% in the third quarter. Raymond James Financial Inc. now owns 39,717 shares of the company’s stock worth $828,000 after purchasing an additional 7,256 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in FlexShares Disciplined Duration MBS Index Fund by 31.5% in the second quarter. Bank of America Corp DE now owns 47,453 shares of the company’s stock worth $982,000 after purchasing an additional 11,357 shares during the last quarter.
FlexShares Disciplined Duration MBS Index Fund Company Profile
The FlexShares Disciplined Duration MBS Index Fund (MBSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of agency-backed mortgage-backed securities that aims for 3.25-4.25 years of effective duration. The index uses a proprietary weighting scheme. MBSD was launched on Sep 4, 2014 and is managed by FlexShares.
Featured Articles
- Five stocks we like better than FlexShares Disciplined Duration MBS Index Fund
- A month before the crash
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Wall Street Alert: Buy AES
- Trump’s Hand-Written Letter Will Shock his Haters
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for FlexShares Disciplined Duration MBS Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FlexShares Disciplined Duration MBS Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.
